XAUUSD| Trading Strategies, February 19

173
🔴Upper resistance level:
-First: 2940-2942
-Second: 2946-2952
-Third: 2960

🟢Lower support level:
-First: 2924-2931
-Second: 2915-2920
-Third: 2905-2907

✅Trading strategy:
-Go long with a light position when the price falls back to 2912-2920, target 2946-2950
-If it breaks through 2946, go long when the price falls back to 2930-2935, target 2960
-Focus on the breakthrough of the 2939-2940 range, as there will be a chance to hit a new high only after an effective breakthrough


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